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Biden To Attack Republicans For Not Having A Plan To Bring Down Inflation
Miishtalk.com ^ | 4-21-2022 | Mike Shedlock via MishTalk.com

Posted on 04/21/2022 12:56:55 PM PDT by blam

Let’s discuss plans to bring down inflation. Who has one and who doesn’t.

No Plan to Deal With Inflation

According to Eugene Daniels, a White House correspondent for Politico, Biden will go after Republicans for not having a plan to deal with inflation.

"Expect Biden to step up his attacks on the GOP. An administration official told Eugene this weekend that we can expect to see Biden be a bit tougher on Republicans for taking credit for an infrastructure bill that some voted against, and for not having a plan to bring down inflation."

Hoot of the Day

That wins my hoot of the day award easily. I thought about having a Hoot of the Month, but there is still time left for something even more ridiculous.

History suggests we won't be disappointed.

Fact Check Questions

Which party has the White House, the House, and the Senate? What the heck is Biden's plan? If he has one, is it working?

Eight Inflationary Things

1.Build Back Better
2.Clean energy
3.Student debt cancellation
4.Eviction moratoriums
5.Push for more unions
6.Push for higher wages
7.Tariffs and sanctions
8.Free Money

The Biden administration is guilty of all eight.

To be fair, Biden mostly continued Trump's tariff policy but Biden did increase the lumber tariffs on Canadian lumber that Trump started.

Amazingly, Biden believes Build back better is not inflationary. Fortunately, Senator Joe Manchin saw through the smoke screen and blocked the deal.

Doing Everything to Drive Prices Up

On March 22, I noted Biden Doing Everything Possible to Drive Up the Price of Oil, Some of It's Illegal.

Oil Prices Jump Again, Hello Mr. President, What Will You Do For an Encore?

On March 31, 2022, president Biden announced release from the Strategic Petroleum Reserves to lower gas prices. Relief was short lived.

For discussion, please see Oil Prices Jump Again, Hello Mr. President, What Will You Do For an Encore?

On April 1, 2022 Phil Flynn and I discussed numerous Biden proposals to lower the price of gas and whether or not they will work.

Flynn noted Biden planned to release more oil from the reserves than was physically higher than the pipeline capacity!

November 21, 2021 Flashback

On that date I correctly stated Biden's Foolish Effort to Reduce Oil Prices by Tapping Reserves Will Fail.

The price of crude on November 21, 2021 was $76.20.

Republican Plan

Republicans would propose more deregulation and more drilling here. Biden asked Saudi Arabia to pump more. Biden even courted Venezuela. That was my hoot of the day on that date.

Any plan (Even None at All) would do better than the Biden administration's plan.

Four Measures of Inflation

Consumer Price Index data from BLS, PCE data from the BEA, chart by Mish

Real Hourly Wages Dive Again in March, Negative for 13 of Last 15 Months

On April 12, I noted Real Hourly Wages Dive Again in March, Negative for 13 of Last 15 Months

That post contains the previous chart. Note when Inflation took off and why.

Instead, Biden blames Putin for an invasion that started on February 24, 2022.

Lame Duck

In November, Biden will officially be a lame duck.

Unfortunately, he can still inflict damage by executive order, but the midterm election will end the chance of Biden getting his highly inflationary policies through Congress.


TOPICS: Society
KEYWORDS: biden; inflation; plan; republicans
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To: blam

Even if they did, the democrats hold the White House, and control the House and the Senate.

The blame can be laid squarely at their feet.


61 posted on 04/21/2022 2:19:47 PM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith…)
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To: blam

2 word GOP plan to bring down inflation...

DONALD TRUMP


62 posted on 04/21/2022 2:24:39 PM PDT by stars & stripes forever (Blessed the nation whose GOD is the LORD. ~ Psalm 33:12)
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To: blam
The plan to fix inflation:

Step 1: Get rid of Biden.
Step 2: Undo all he did.
Step 3: Wait for improvement, it will come.

63 posted on 04/21/2022 3:11:34 PM PDT by pepsi_junkie (Often wrong, but never in doubt!)
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To: blam

“but the midterm election will end the chance of Biden getting his highly inflationary policies through Congress.”

You sure about that???


64 posted on 04/21/2022 3:37:47 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: blam

The plan is to get rid of Biden.


65 posted on 04/21/2022 4:47:07 PM PDT by beethovenfan (The REAL Great Reset will be when Jesus returns. )
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To: cotton1706

Reminder - Ronald Reagan had a degree in economics.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

So does AOC and Paul Krugman.


66 posted on 04/22/2022 1:17:52 AM PDT by Graybeard58
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To: blam

If the presidency were a regular job and buyme was being evaluated he would get comments like: does not work well with others. Tends to blame others for his own mistakes. Takes to many days off..especially on days when he is really needed at work.
Takes to many bathroom breaks.


67 posted on 04/22/2022 5:28:20 AM PDT by Leep (Freedom: "What's the big deal" -joe biden)
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To: drypowder

True at the micro level, but not at the macro level. If enough of us vote the “right way”, there will be different people in DC and I can’t see how they can screw things up worse than Biden has.


68 posted on 04/22/2022 6:19:34 AM PDT by econjack (I'm not bossy. I just know what you should be doing.)
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